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Construyendo Sueños Con Esperanza Group
In this Group: Maria, Katalina, Maria, Alicia, Ruben, Oscar, Jordhan, Gueybbi, Luis, Regina, Fernanda, Nelly, Marisol, Mirtha, Marisol, Neil, Carmen, Maria, Ana, Elisa, Karen
This communal bank is called “Construyendo Sueños con Esperanza” (Building Dreams with Hope). It has 21 members who are in a variety of lines of work among which are vegetable sales, clothing sales, fast-food sales, crafts, salad sales and services, among others. They are all from the Casablanca Commune located in the city of Valparaíso.

María is a member of this communal bank and in the photo appears seated in the first row, second from right to left, wearing a brown jacket and a light brown scarf tied around her neck. She’s carrying a Fondo Esperanza folder in her hands and has a black purse on her lap.

She sells fast-food, specifically ‘churrascos’ [grilled meat], lunches, ’chorrillana’ [a bed of French fries topped with a layer of fried onions with scrambled eggs, and on top is sautéed beef and served with a side of pebre sauce] and turnovers, among others. She’s been in business nine years. She comments that her husband and her son help her with the work. She works Monday through Sunday from 10 until 2 in the morning. She buys the merchandise and ingredients she needs in the cities of Valparaíso and Santiago at low-cost suppliers which is convenient economically. She will use the loan to buy beverages, meat and sausages.

One of María’s goals is to continue growing with her business in order to generate higher income as well as to have a better quality of life. María lives with her husband and two children who are 29 and 9 years of age. Her dream is to own a house and to stay in business.

She is very happy and grateful for the opportunity provided by Fondo Esperanza because it will make it possible for her to invest in her business. With respect to the communal bank she’s part of, she comments that it has very good communication.

Casablanca is a commune in Valparaíso Province located in Valparaíso Region. Its climate is Mediterranean with summers of prolonged drought and short but very intense winter rains. The name “Casablanca” comes from the 16th-century when a house with very white walls existed on top of a hill alongside one of the most ancient roads, called “Camino Real de Carreteras.” Its economy is currently based on services, agriculture, transport, agribusiness, tourism and commerce.
View original language description ↓
Este Banco Comunal se llama “Construyendo sueños con Esperanza” está conformado por 21 emprendedores quienes se dedican a diferentes rubros, entre los cuales se encuentran; venta de verduras, venta de ropa, venta de comida rápida, artesanía, venta de ensaladas, servicios entre otros. Todos ellos pertenecientes a la comuna de Casablanca, ubicada en la ciudad de Valparaíso.
Maria, integrante del grupo del Banco Comunal, quien en la foto se encuentra sentada en primera fila, ocupando el segundo lugar de derecha a izquierda, viste chaqueta de color café, en su cuello usa un pañuelo de color café claro y en sus manos sostiene una carpeta de Fondo Esperanza, en sus piernas sostiene su cartera de color negro.
Ella se dedica al rubro de comida rápida, específicamente a la venta de churrascos, almuerzos, chorrillana, empanadas, entre otros, desde hace 9 años. Comenta que trabaja con la ayuda de su esposo e hijo, trabaja de lunes a domingo desde las 10ºº hasta las 02ºº horas de la mañana.
La mercadería e ingredientes que va necesitando los compra en la ciudad de Valparaíso y Santiago en distribuidoras a bajo costo, por lo tanto conveniente económicamente.
Con el crédito comprará bebidas, carne y vienesas.
Una de las metas de Maria es seguir creciendo con su negocio, para generar mayores ingresos, así con esto optar a una mejor calidad de vida.
Maria vive junto a su esposo, y 2 hijos de 29 y 9 años de edad. Sus sueños son obtener una casa propia y continuar con el negocio.
Ella está muy contenta y agradecida de la oportunidad brindada por Fondo Esperanza, ya que le permitirá invertir en su negocio. Respecto al grupo del Banco Comunal del cual forma parte, comenta que en éste existe muy buena comunicación.
Casablanca es una comuna de la provincia de Valparaíso, ubicada en la región del mismo nombre. Tiene un clima de tipo mediterráneo, con veranos de sequía prolongada y lluvias invernales cortas, pero muy fuertes. El nombre “Casablanca” proviene del siglo XVI cuando existía “una casa de muros blanquecinos“ sobre una loma ubicada a un costado de uno de sus caminos más antiguos, llamado camino real de carretas.
Actualmente su economía se basa en servicios, agricultura, transporte, agroindustria, turismo, comercio.

Additional Information

About Fondo Esperanza

Fondo Esperanza (FE) is a private non-profit organization that supports entrepreneurship by providing micro-credit and training to people living in poverty in well over 100 cities throughout Chile. By providing these services, FE aims to improve the living conditions of the entrepreneurs and their families. In 2010, FE provided loans to more than 41,000 entrepreneurs. It utilizes a communal banking model in which groups of 18 to 25 clients meet on regularly and guarantee each other’s loans. The members use their portion of the loan to create or expand their own businesses. In the group meetings, clients receive training though the FE Entrepreneurship School, which enhances clients’ personal and business skills and ability to work in groups.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Chile

  • $14,900
    Average annual income
  • 0
    View loans »
    Chile Loans Fundraising
  • $2,587,775
    Funds lent in using Kiva
  • 477.7
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Construyendo Sueños Con Esperanza Group's $3,600 loan helped a member to buy beverages, meat and sausages.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2012
Listed
Aug 16, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012